PPP Loan information for Papco ltd

$62,500

Papco ltd was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 01/30/2021 by The The Fidelity Bank reported 20 jobs and $62,500 was used to fund payroll.

Papco ltd is Existing or more than 2 years old

PAPCO LTD

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PAPCO LTD

Borrower Address

2501 S York Rd

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28052-6203

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28052-6203

CD

NC-14

Jobs Reported

20

NAICS Code

711310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62949.65

Forgiveness Date

10/25/2021

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